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1 James Millen Road

1 James Millen Road, North Reading, MA 01864
Property in North Reading
Sold Jul 30, 2021
$1,225,000
$825,000 by Cambridge Savings Bank
Mortgage Due Jul 30, 2051
Sold Feb 01, 2013
Transfer
Local assessors in North Reading, MA have categorized 1 James Millen Road as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 40,511 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 James Millen Road has a total of 3,835 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,726 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. The building has a hip style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 James Millen Road sold most recently in Jul 30, 2021 for a total of $1,225,000. If you work out the math, that's approximately a cost of $319.43 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,824 in taxes each year. 1 James Millen Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,273,600. If we break it down further, the land itself was valued at $457,700. Improvements to the property, however, were assessed at a total of $815,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 1,726
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,835
  • Building Area: 3,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,835
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KERSTEIN DAVID P
  • Current Owner 2: KERSTEIN COURTNEY M
  • Previous Owner : JOHN P WARD RET
  • Owner Before Previous Owner: WARD JOHN P
  • Owner Before Previous Owner 2: WARD SUZANNE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330101

Zoning

  • Zoning: RR

Geography

  • District: 213
  • Parcel: NREA M:074.0 B:0000 L:0103.0
  • Lot: 103.0
  • Municipality: NORTH READING
  • Latitude: 42.5787
  • Longitude: -71.0495

    Address

  • Full Address: 1 James Millen Rd
  • Address - House Number: 1
  • Address - Street Name: James Millen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2985
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $16,824

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,513,252
  • High Value: 1,780,229
  • Low Value: 1,246,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $825,000
  • First Open Lien Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $825,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 30, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,273,600
  • Assessed Land Value: $457,700
  • Assessed Improvements Value: $815,900

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11846270104
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 172467
  • Previous Sale Recording Date: Feb 01, 2013
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Middlesex



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Frequently Asked Questions

What neighborhood is 1 James Millen Road located in?
The 1 James Millen Road is a located in the neighborhood of North Reading in Middlesex, North Reading.
What is the average sales price for listings in 1 James Millen Road?
The average sales price for units in 1 James Millen Road is $0 currently.

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